This working paper discussesthe importance and current status of Egypt’s readymade garments and home textiles industry. It sheds light on the main challenges facing this industry compared to selected competitive countries. Finally, it concludes by offering a set of proposed measures that are based on the constraints facing the industry and in light of international […]
Overview* Strong consumption and investment, enabled by economic reopenings and solid corporate and household balance sheets, are bolstering aggregate demand to a degree that has surprised many, be they executives, economists, policy makers or Wall Street analysts. It is a phenomenon that is likely to persist in the months and quarters ahead, especially in those […]
Overview* A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging markets and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic—unless governments adopt a broad set of policies to address the challenges […]
Overview* A bold and urgent argument by economist and former bank governor Mark Carney on the radical, foundational change that is required if we are to build an economy and society based not on market values but on human values.In this profoundly important new book, Mark Carney offers a vision of a more humane society […]
Although Egypt recognizes the importance of concluding a free trade agreement with the United States, the American side remains vague despite the remarkable improvement in the political relations between the two countries. This paper analyzes efforts made to improve the foreign trade system and remove the restrictions it faces. It also discusses the foreign trade […]
Overview* A pioneering account of the surging global tide of market power—and how it stifles workers around the worldIn an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything […]
Overview* The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based […]
Overview* The book tells the story of the main events of 2020 and how the EU has responded. It traces the main stages of the pandemic and the EU’s actions: from the ‘battle of narratives’ and the work on repatriation, to the development of ‘Team Europe’ and the deal on the recovery fund.
The objective of this study is to examine the inequality of opportunities in education attainment. It starts first by examining inequality at all levels of the educational system in Egypt, ranging from input indicators to output, outcome and impact of education on the economic status and individuals’ welfare. Then, it evaluates the inequality of opportunities […]
Manufacturing plays a significant role as a locomotive of economic development in Egypt, due to its characteristics and the associated value-added chains. It also plays a role in job creation, reduction of unemployment and securing jobs for the coming generations. Since international experiences offer lessons that we can benefit from, this working paper explores the […]